Assam to have new legislation which will assess property of government officialsAccording to government statement officers failed to comply with the new rules will invite stringent action like denial of timely promotion...
Graft case: SBI asks deputy MD to go on leave; sets up probe panelAccording to CBI, a team of its economic offences wing in Mumbai has registered a case against them for alleged graft.
- Does it make sense to pre-pay your home loan?
Home loan borrowers can breathe easy now as the RBI has indicated it would scrap the prepayment penalties charged by banks.
- Prepayment penalty on home loans on way out, RBI indicates
Borrowers wanting to prepay home loans can look forward to some relief as RBI today indicated that it would scrap prepayment penalties char...
- IBA likely to submit comments on pre-payment by September-end: RBI
RBI said IBA is expected to submit comments by the end of this month on the proposal to do away with pre-payment charges on home loans.
- Now, pre-pay your home and car loans without penalty
"Banks must not recover pre-payment charges in floating rate loans," RBI said in a statement on proceedings of Banking Ombudsman Conference.
- Annie Leibovitz deadline to repay $24 mn loan passes
The deadline for celebrity photographer Annie Leibovitz to repay a $24 million loan passed Tuesday night without word from either involved ...
- Barclays sells ETF unit iShares to CVC Capital for $4.4 billion
Barclays Plc, UK's third-largest bank to sell its ETF iShares unit to CVC Capital Partners for $4.4 bn. Financial crisis I US mortgage cris...
- Obama challenges lobbyists to legislative duel
President Barack Obama vowed to fight America's powerful interest groups as he seeks to push through Congress an ambitious plan that could ...
- GM official says cash could run out by March 31
The target date for General Motors Corp. to get its second installment of government loans passed last week, but a top company executive sa...
- Fannie, Freddie blind to the bubble
Fannie Mae and Freddie Mac - despite their robust cadre of economists and mortgage experts - failed to heed warnings. Tips to keep yourself...